Acquisition of financial systems specialist for the NHS strengthens
market position in a changing health care sector
3 May 2011, London… Civica, a market leader in specialist systems and business process services that help organisations to achieve a more cost-efficient way of working, has announced that Civica UK Ltd, the company’s wholly owned subsidiary, has acquired PSCAL Limited (“PSCAL”).
PSCAL specialises in financial management software and related services for the National Health Service. It is the leading supplier of commissioning, contract and costing software, supplying more than 200 primary and secondary health care organisations.
The acquisition extends Civica’s presence and expertise in this market at a time when effective financial management is increasingly critical for health care providers who face rising demand for services set against increased spending constraints and significant changes in the procurement, commissioning and delivery of services.
Simon Downing, Civica chief executive, said, “I am delighted to welcome PSCAL to the Group. The company’s customer base, product set and specialist insight extend our capabilities at a time of significant structural, demographic and financial change in the health sector. The combination of Civica and PSCAL is ideally placed to help customers transform financial and service level management.”
Lizo Ngqobongwana, director at PSCAL, said, “The acquisition is an exciting step for our customers, employees and partners. From GP commissioning and payment-by-results to patient level costing and service line reporting, timely and accurate financial management has never been more important in the NHS, and I look forward to building on our respective strengths and market leadership in order to deliver increasing value to customers.”
About Civica Group Ltd
The Civica Group (www.civica.co.uk) is an international market leader in specialist IT systems and business process services for the public sector. Through experienced people who understand service delivery, the Group applies software, managed services and outsourcing to help customers streamline their activities. Civica supplies more than 2,000 organisations in the UK, Australia, New Zealand, Singapore, Canada and the USA, helping our customers to achieve a successful and more cost-efficient way of working.
About PSCAL Ltd
PSCAL (www.pscal.com) is a leading provider of financial management systems for the NHS. Working at all levels within the UK health care sector the company draws on in-depth understanding of the complex financial flows within the NHS to deliver software and services which support the efficient delivery of healthcare across the country.